The Stablecoin Genesis Whale is engaged in selling Depositary Receipts through a self-custody pool, currently offering a 12% premium. This initiative allows investors to access a unique investment opportunity in the stablecoin market. By utilizing a self-custody pool, the Genesis Whale is enabling greater control for participants over their assets. The decision to set a premium of 12% indicates a strategy to attract buyers while potentially benefiting from market demand. Overall, this move reflects ongoing trends within the cryptocurrency space, where innovative financial products are increasingly being introduced.
